The new TDP government will have to mop up over Rs 10,000 crore to fulfill the financial requirements for July, a retired senior bureaucrat said.
Those who lost jobs in December were women, graduates, post graduates, salaried employees, observes Mahesh Vyas.
Experts say you should be certain of living in a city and locality for a long time before purchasing a home.
IT services major Wipro on Friday said it will give wage hikes to junior employees with effect from September 1, 2021. "Wipro Limited will initiate merit salary increases (MSI) for all eligible employees up to Band B3 (assistant manager and below), effective September 1, 2021. "In January 2021, the company had announced salary hikes for eligible employees in these bands, who form 80 per cent of the company's workforce - this is the second hike in this calendar year," Wipro said in a statement. As announced earlier, all eligible employees above band C1 (managers and above) will receive pay hikes effective June 1, it added.
Invest in MFs for liquidity and choice of funds. Invest in NPS for the tax benefits, tax-free rebalancing, and for earmarked savings for retirement.
rediffGURU Nayagam PP counsels students and aspiring professionals on how to pick the right courses and scale up in your career.
A monthly charge of Rs 500 is applicable if the net relationship value falls below the minimum level.
Rediff readers tell us what they did with their first salaries.
'Filing a nil ITR serves as a formal declaration to the tax authorities that your earnings fell below the taxable threshold in the given financial year, and you had no tax liability during that period.'
Understanding tax residency rules and maintaining proper documentation is imperative to ensure smooth tax compliance.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Rediff readers tell us about their first salary and what it meant to them.
'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.'
The management institute also clocked 100% placement, says Virendra Singh Rawat.
The reservation would include a 10 per cent horizontal quota for Agniveers in the posts of constable, mining guard, forest guard, jail warden, and special police officers.
rediffGURU Samkit Maniar answers readers' personal income tax queries
Rediff readers tell us what their first salaries were.
As rescue operations in the landslide-hit areas of this north Kerala district entered fifth day, rescuers unearthed more bodies and body parts, taking the death toll to 215, with around 206 people still reported missing.
RediffGURU Mihir Tanna broadly lists the ITRs to be filled by individuals having income from salary, house property, capital gain, business and other sources.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Many seniors mistakenly believe they need not file returns if tax is deducted at source (TDS) on income received. This is incorrect.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Former women's hockey team chief coach Sjoerd Marijne's 'full and final' salary was stopped on the recommendations of Hockey India after he was denied a 'No Objection Certificate' for failing to return his official laptop, which, according to the Dutchman, is on its way to India now.
The early-bird results for the April-June quarter of 2024 (Q1FY25) hint at a slowdown in corporate revenues and profits in FY25. Corporate profits might face headwinds from a continued revenue growth slowdown and a reversal in margin gains from lower commodity and energy prices in FY24. The combined net profit (adjusted for exceptional gains and losses) of the 210 companies that have declared their Q1FY25 results so far is down 4.2 per cent from the year-ago period - their worst showing in seven quarters.
Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.
On September 6, the airline informed senior employees that their salaries would be paid in two instalments till November.
The country's largest lender SBI on Saturday reported a 9.13 per cent rise in consolidated net profit to Rs 16,099.58 crore for the September quarter, weighed down by money it had to set aside for employees' impending wage and pension revisions. On a standalone basis, the State Bank of India (SBI) had a 8.03 per cent increase in the profit after tax for the reporting quarter at Rs 14,330 crore. However, the same was down 15.13 per cent compared to Rs 16,884 crore in the June quarter.
While salaried jobs are not lost easily, once lost they are also far more difficult to retrieve. Therefore, their ballooning numbers are a source of worry, notes Mahesh Vyas.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
The Reserve Bank of India has told banks not to levy penal charges for non-maintenance of minimum balances in any inoperative account.
The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.
The CBI has registered a case of alleged violation of the Foreign Contribution (Regulation) Act against human rights activist Harsh Mander and his NGO, and searched his premises on Friday, officials said.
A taxpayer paying rent to his/her spouse is entitled to claim HRA benefit under relevant sections and within prescribed limits.
'Modi must see how we live, what we have to do to educate our children.'
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Rediff readers tell us what their first salary means to them.
'I tried a public donation drive to support my campaign for progressive politics without much success so far. I also tried to cut down the projected campaign spending to the minimum'
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
'All of us tend to believe that they are so well paid, why should we bother about their payments.' 'But who all are well paid? Only a handful, maybe 3-4 of them, who go in for endorsements and things.' 'The others are struggling, playing Ranji Trophy and other matches, so that compensation we made it market-oriented.'
Rediff readers tell us what their first salary was and what it meant to them at the time.
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